*Business Standard*
Indian leather exports to fall 10-12% in FY26 amid high US tariff: Crisil
RBI flags geopolitical risks to cross-border payments, warns of impact
New launch pipeline, rental portfolio to boost Oberoi Realty’s FY26 growth
Hyundai India names Sunil Moolchandani as new national sales head
NIFTY OUTLOOK: 25,891.40 FII: -1,165.94 cr DII: 3,893.73 cr
As discussed yesterday, market behaviour remained on the expected lines during the day. Strong buying momentum initially lifted Nifty to an intraday high of 26,104.2, but it failed to sustain at higher levels and slipped towards the day’s low of 25,862.45.
The Trump administration has launched a flurry of actions reshaping U.S. domestic and foreign policy. In a bold move, Washington has imposed sanctions on Russian oil giants Rosneft and Lukoil, citing Moscow’s failure to progress toward a Ukraine ceasefire. The sanctions immediately triggered a $2 per barrel jump in global crude prices, signaling heightened tensions in energy markets.
India’s initial public offering (IPO) market has already witnessed 80 listings in 2025, raising over ₹80,000 cr so far. Looking ahead, analysts estimate that the IPO pipeline could generate an additional ₹41,000 cr in the next 10 weeks alone.
1. FIIs net long: 18.65%
2. VIX: 11.29
3. PCR: 0.97
Note:
The biggest development came on the US–India trade deal front. As per reports by Mint, both nations are close to finalizing a long-pending trade agreement under which the US may cut tariffs on Indian imports from the current 50% to around 15–16%.
As discussed yesterday, the market behavior remained broadly on expected lines. The positive momentum in Nifty extended the rally up to 25,935 during the day.
However, a bearish star candlestick appeared on the daily chart, indicating a potential pause in the uptrend and indecision about the next directional move.
Network People Services Technologies went live with NPCI’s next-gen UPI solutions at GFF 2025, unveiling ‘Banking Connect’ and ‘Bank-in-a-Box’ to drive digital banking transformation.
Jayesh Logistics Ltd has announced its upcoming IPO with an issue size of ₹28.63 cr and a price band of ₹116 to ₹122 per share. The bidding period is scheduled from 27th October 2025 to 29th October 2025, and the listing is expected on the SME platform of NSE on 3rd November 2025.
The United States has announced a significant 155% tariff on select Chinese imports, effective from 1st November 2025, as part of its strategy to counter what it calls “unfair trade practices” and protect domestic industries. The move targets goods across electronics, semiconductors, and electric vehicle components, aiming to reduce U.S. reliance on Chinese supply chains. […]
In recent developments, a proposed meeting between U.S. President Donald Trump and Russian President Vladimir Putin was indefinitely delayed. Despite earlier planning and public anticipation of a rendezvous in Budapest, U.S. authorities clarified that no meeting is scheduled in the near term.
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